Adient PLC
Company Profile
Business description
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion and fiscal 2024 is forecast to about $14.6 billion.
Contact
3 Dublin Landings
North Wall Quay, IFSC
Dublin 1
DublinD01 H104
IRLT: +1 734 254-5000
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Auto Parts
Fiscal Year End
30 September 2025
Employees
70,000
Morningstar Investment Ideas
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